MarketsFarm — After covering bearish bets for four straight weeks, managed money fund traders were back on the sell side of the canola market in late April, covering longs and […] Read more
Canola

Fund short position in canola grows for first time in a month
Corn moves from net long to net short

Deal reached to resume Ukraine grain transit with five EU countries
Agreement includes support package for local farmers
Brussels | Reuters — The European Commission said Friday it had reached a deal in principle to allow transit of Ukrainian grain to resume through five European Union countries that […] Read more

ICE weekly outlook: StatCan’s canola area estimate questioned
Traders predict significant increase ahead
MarketsFarm — Statistics Canada on Wednesday released its first survey-based seeding intentions report for the 2023-24 marketing year, reporting an anticipated 0.9 per cent rise in canola acres, to 21.6 […] Read more

StatCan expects more wheat, canola acres in 2023
Corn, soy, barley acres also expected up
MarketsFarm — Canadian farmers intend to plant more wheat and canola in 2023, with soybeans, corn and barley area also forecast to expand, according to Statistics Canada’s projections for field […] Read more

Merit Foods co-owner Burcon partnering on bid for assets
Unnamed 'plant protein company' now in on Burcon's bid
A major shareholder in beleaguered pea and canola protein processor Merit Functional Foods has brought on an unnamed partner in its bid to buy the business out of receivership. After […] Read more

Analysts expect additional acres for canola, wheat
StatCan estimates due out Wednesday
MarketsFarm — If traders and analysts are correct with their estimates, there will be slightly more wheat and canola acres seeded in Canada this year compared to 2022. Statistics Canada […] Read more

Matador, Voliam insecticides back in ‘limited’ release
Revised labels prohibit feeding, foraging of treated crops
Syngenta Canada no longer plans to keep its lambda-cyhalothrin insecticide products off the market in Western Canada this year — but it’s planning to have a smaller supply. The crop […] Read more

ICE weekly outlook: Weather to influence canola price movement
Short-covering seen supporting front months for now
MarketsFarm — Canola contracts on the ICE Futures platform held relatively rangebound during the week ended Wednesday, trading within a $20 per tonne range in most months as market participants […] Read more

New precision crop monitoring technology offers great potential
SWAT Cam is the latest in summarizing crop performance
The latest technology to provide enhanced imaging and monitoring of field conditions was previewed April 3 with a webinar launch among dozens of agronomists, certified crop advisors, growers and other […] Read more

India’s rapeseed output to be steady
El Nino may be a spoiler
MarketsFarm — Rapeseed production in India has been forecast to remain quite consistent, according to the U.S. Department of Agriculture (USDA) attaché in New Delhi. The attaché projected rapeseed production […] Read more